In 2023, Pivdenkoks Private JSC decreased net loss by 95.2% YoY, to UAH 58.02 million. At the remote shareholders meeting, the shareholders intend to summarize the operation in 2023 and agree on covering the loss with the profit of future periods. Moreover, the company intends to sell its own shares, bought-back from shareholders or purchased…
Belarus Iron and Steel Works intends to supply at least 200 thousand tons of steel to Africa in 2024. Last year, the company exported 140 thousand tons there. As of March, the company was already producing 200 thousand tons of steel per month. (Ukrainian metal)
In 2023, Druzhkovka Metalwares Works decreased net profit by 28.9% YoY, to 24.049 million UAH. According to the agenda of the shareholders’ meeting, scheduled for April 29, undistributed profit as of the end of last year amounted to 404.126 million UAH. It is planned to leave the profit received last year undistributed and not to…
Almalyk Mining and Processing Works is expanding manufacture of high-temperature ceramic wares. Under the project, the company has purchased a high-temperature chamber gas-flame furnace with the volume of 10 cubic meters. The furnace was launched on March 20. The maximum temperature in the furnace is 1,800 degrees C. In one go, the furnace can roast…
Zaporizhkoks PrJSC is carrying out a program to repair furnaces in the coke shop, in particular, the coke-oven battery No. 2. Investments in the project amount to 60 million UAH. Since the beginning of 2022, the enterprise has spent more than 276 million UAH on the capital repairs of coke-oven batteries Nos. 2, 5 and…
In 2023, Sukha Balka PrJSC decreased net profit 2.7-fold YoY, to 114.837 million UAH. According to the agenda of the shareholders’ meeting to be held remotely, the shareholders have to approve of the net profit for 2023 and spend it to replenish working capital. Moreover, they will make amendments to the company regulations, elect new…
Most of Ferrexpo carriages have been arrested. “We were not able to return our carriages. We partially use Bilanovskiy GOK and Yeristovo GOK carriages. But the most part – 2.3 thousand carriages – has been arrested,” Poltava GOK chairman of the board Victor Lotous has said. Some carriages stand on the territory of the enterprise,…
President of Kazakhstan Kassym-Jomart Tokayev named the exploration and production of critical minerals a promising area of the cooperation between Kazakhstan and China. According to him, rare-earth metals became an important component for a wide range of technologies. They are needed for the achievement of net-zero emissions, including in such strategic sectors as industry, digital…